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jfb
on Oct 18, 2013
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Stop Being Wrong About China Buying Our Bonds
Two problems with this: the first Yglesias covers in the OP; the second, that China could nuke us, even if they wanted to.
dllthomas
on Oct 18, 2013
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What would stop China from nuking us if they wanted to?
jfb
on Oct 18, 2013
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They lack the delivery capability. They might have ~20? ICBMs and no SSBMs. They are very clearly determined to become a regional power rather than an intercontinental one.
jonknee
on Oct 18, 2013
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Mutually assured destruction.
dllthomas
on Oct 18, 2013
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MAD is one factor (of many) which stops them from wanting to.
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